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Form8.5EPT/NonRIACONSORTIUMCOMPRISINGLONDONMETRICP.

    24 July 2026 11:58:59
  • Source: Sharecast
RNS Number : 8196N
Barclays PLC
24 July 2026
 

FORM 8.5 (EPT/NON-RI)

PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY AN

EXEMPT PRINCIPAL TRADER WITHOUT RECOGNISED INTERMEDIARY ("RI") STATUS

(OR WHERE RI STATUS IS NOT APPLICABLE)

Rule 8.5 of the Takeover Code (the "Code")

1.

KEY INFORMATION

(a)

Name of exempt principal trader:

BARCLAYS CAPITAL SECURITIES LTD

(b)

Name of offeror/offeree in relation to whose

 relevant securities this form relates:

 A CONSORTIUM COMPRISING LONDONMETRIC PROPERTY PLC AND SCHRODER REAL ESTATE INVESTMENT TRUST LIMITED

(c)

Name of the party to the offer with which exempt

 principal trader is connected

 A CONSORTIUM COMPRISING LONDONMETRIC PROPERTY PLC AND SCHRODER REAL ESTATE INVESTMENT TRUST LIMITED

(d)

Date position held/dealing undertaken:

23 Jul 2026

(e)

In addition to the company in 1(b) above, is the exempt principal

 trader making disclosures in respect of any other party to the offer?

YES:

 PICTON PROPERTY INCOME LIMITED

2.

POSITIONS OF THE EXEMPT PRINCIPAL TRADER

(a)

Interests and short positions in the relevant securities of the offeror or offeree

 

to which the disclosure relates following the dealing (if any)

Class of relevant security:

LondonMetric Property plc 10p ordinary


Interests

Short Positions

Number

(%)

Number

(%)

(1) Relevant securities owned and/or controlled:

17,426,126

0.74%

5,726,675

0.24%

(2) Cash-settled derivatives:

7,186,540

0.31%

13,681,833

0.58%

(3) Stock-settled derivatives (including options) and agreements to purchase/sell: 

0

0.00%

0

0.00%

 

 TOTAL:

 

24,612,666

1.05%

19,408,508

0.83%

 








Class of relevant security:

Schroder Real Estate Investment Trust Limited ordinary NPV


Interests

Short Positions

Number

(%)

Number

(%)

(1) Relevant securities owned and/or controlled:

1,610,432

0.33%

143,069

0.03%

(2) Cash-settled derivatives:

143,063

0.03%

1,569,540

0.32%

(3) Stock-settled derivatives (including options) and agreements to purchase/sell: 

0

0.00%

0

0.00%

 

 TOTAL:

 

1,753,495

0.36%

1,712,609

0.35%

 
















(b)

Rights to subscribe for new securities (including directors and other executive options)

Class of relevant security in relation to

 which subscription right exists

 

Details, including nature of the rights

 concerned and relevant percentages:

 

3.

DEALINGS (IF ANY) BY THE EXEMPT PRINCIPAL TRADER

(a)

Purchase and sales

 






Class of relevant

 security

Purchase/sale

Total number of

 securities

Highest price per unit

 paid/received

Lowest price per unit

 paid/received

LondonMetric Property plc 10p ordinary

Purchase

3703776

1.9640  GBP

1.9320  GBP

LondonMetric Property plc 10p ordinary

Sale

2642192

1.9690  GBP

1.9350  GBP

Schroder Real Estate Investment Trust Limited ordinary NPV

Purchase

20080

0.4615  GBP

0.4550  GBP

Schroder Real Estate Investment Trust Limited ordinary NPV

Sale

35579

0.4615  GBP

0.4550  GBP

 
















(b)

Cash-settled derivative transactions

Class of

 relevant

 security

Product  description

Nature of dealing

Number of

 reference

 securities

Price per

 unit

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Short

347

1.9389  GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Long

252

1.9457  GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Long

1,156

1.9442  GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Long

12,698

1.9512  GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Short

19,061

1.9466  GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Long

9,496

1.9507  GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Short

126,952

1.9400  GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Short

12,547

1.9400  GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Short

543

1.9330  GBP

LondonMetric Property plc 10p ordinary

SWAP

Closing Long

28,266

1.9660  GBP

LondonMetric Property plc 10p ordinary

SWAP

Opening Short

83,234

1.9584  GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Long

1,664

1.9651  GBP

LondonMetric Property plc 10p ordinary

CFD

Closing Short

84,172

1.9602  GBP

LondonMetric Property plc 10p ordinary

CFD

Increasing Short

16,200

1.9628  GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Long

8,525

1.9495  GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Short

732

1.9403  USD

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Short

59,772

1.9397  GBP

LondonMetric Property plc 10p ordinary

SWAP

Closing Long

2,471

1.9443  GBP

LondonMetric Property plc 10p ordinary

SWAP

Opening Short

3,215

1.9443  GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Long

77

1.9457  GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Long

345

1.9442  GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Short

102

1.9389  GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Short

4,958

1.9397  GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Short

843

1.9397  GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Short

683

1.9389  GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Long

225

1.9442  GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Long

1,510

1.9387  GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Long

2,439

1.9474  GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Long

147,449

1.9403  GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Short

217

1.9588  GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Long

3,000

1.9592  GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Long

635

1.9682  GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Short

488

1.9660  GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Long

347

1.9400  GBP

LondonMetric Property plc 10p ordinary

CFD

Decreasing Short

7,790

1.9495  GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Short

2,471

1.9455  GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Short

64

1.9589  GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Short

360

1.9588  GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Long

72,292

1.9403  GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Long

4,973

1.9474  GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Long

60

1.9400  GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Short

132,568

1.9412  GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Long

55,162

1.9383  GBP

LondonMetric Property plc 10p ordinary

CFD

Decreasing Short

3,120

1.9656  GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Short

6,018

1.9582  GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Long

154,335

1.9400  GBP

LondonMetric Property plc 10p ordinary

CFD

Increasing Short

6,641

1.9586  GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Short

127

1.9400  GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Long

43,393

1.9437  GBP

LondonMetric Property plc 10p ordinary

CFD

Decreasing Short

378,025

1.9400  GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Short

1,979

1.9501  GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Long

158,580

1.9395  GBP

LondonMetric Property plc 10p ordinary

CFD

Closing Short

109,657

1.9400  GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Short

54,018

1.9379  GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Short

2,047

1.9325  GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Short

4,756

1.9400  GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Short

42,985

1.9443  GBP

LondonMetric Property plc 10p ordinary

SWAP

Increasing Short

308,462

1.9390  GBP

LondonMetric Property plc 10p ordinary

SWAP

Decreasing Short

19,552

1.9434  GBP

Schroder Real Estate Investment Trust Limited ordinary NPV

SWAP

Increasing Short

10

0.4565  GBP

Schroder Real Estate Investment Trust Limited ordinary NPV

SWAP

Decreasing Short

176

0.4564  GBP

Schroder Real Estate Investment Trust Limited ordinary NPV

SWAP

Decreasing Short

438

0.4565  GBP

Schroder Real Estate Investment Trust Limited ordinary NPV

CFD

Decreasing Long

542

0.4560  GBP

Schroder Real Estate Investment Trust Limited ordinary NPV

CFD

Increasing Long

25,400

0.4587  GBP

Schroder Real Estate Investment Trust Limited ordinary NPV

CFD

Decreasing Long

2,487

0.4565  GBP

Schroder Real Estate Investment Trust Limited ordinary NPV

CFD

Decreasing Long

7,476

0.4564  GBP

 
















(c)

Stock-settled derivative transactions  (including options)

(i)

Writing, selling, purchasing or varying

Class

 of

 relevant

 security

Product

 description

Writing,

 purchasing,

 selling,

 varying etc

Number

 of

 securities

 to which

 option

 relates

Exercise

 price

 per unit

Type

Expiry

 date

Option

 money

 paid/

 received

 per unit

 

 

 

 

 

 

 

 

 








(ii)

Exercising

 






Class of relevant

 security

Product description

Exercising/ exercised against

Number of

 securities

Exercise price per

 unit

 

 

 

 

 

 








(d)

Other dealings (including subscribing for new securities)

Class of relevant

 security

Nature of Dealings

Details

Price per unit (if

 applicable)

 

 

 

 

4.

OTHER INFORMATION

(a)

Indemnity and other dealings arrangements

Details of any indemnity or option arrangement, or any agreement or understanding,

 formal or informal, relating to relevant securities which may be an inducement to deal or refrain from dealing entered into by

 the exempt principal trader making the disclosure and any party

 to the offer or any person acting in concert with a party to the offer:

NONE

(b)

Agreements, arrangements or understandings relating to options or derivatives

Details of any agreement, arrangement or understanding, formal or informal, between

 the exempt principal trader making the disclosure and any other person relating to:

 (i)   the voting rights of any relevant securities under any option; or

 (ii)   the voting rights of future acquisition or disposal of any relevant securities to which

 any derivative is referenced:

NONE

(c)

Attachments

Is a Supplemental Form 8 (Open Positions) attached?

NO

Date of disclosure:

24 Jul 2026

Contact name:

Large Holdings Regulatory Operations

Telephone number:

020 3134 7213

 

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